Answer:
Sales Price Per Unit = $ 110
Explanation:
Break Even Sales Volume in Dollars =
Break Even Sales Volume in Dollars= Fixed Costs/ 1- (variable Costs/ Sales)
Break Even Sales Volume in Units = Fixed Costs/ Contribution Margin per Unit
On Rearranging the above given formula
Contribution Margin per Unit = Fixed Costs/ Break Even Sales Units
Sales Price per Unit - Variable Price Per unit =$150,000/2500
Sales Price Per Unit - $ 50= 60
Sales Price Per Unit = 60+ 50= $ 110
Answer:
b. assure current users they made the correct choice in choosing the product.
Explanation:
- The advertising that assured the purchasing party to be reassured and tells them they have done have the right thing by buying the brand or product and also explains how to get the best results from that product along with the most satisfaction. Its purpose is to maintain a market share.
- An example of this could be the automobile industry that provides the information regarding the warranty, and uniqueness and brand value. <u>Just to have a positive reinforcement and develop a conditioning towards that product or brand.</u>
Choose the ones you think are correct first
1. They have less money to improve things like schools, parks and all that
2. At some point, they will have to pay billions back to get out of debt.
Answer:
Crane Company
If Crane Company uses LIFO, the value of the ending inventory is:
= $440.
Explanation:
a) Data and Calculations:
Units Unit Cost Total Cost
1/1/20 inventory 150 $4.00 $600
1/15/20 Purchase, 70 5.10 357
1/28/20 Purchase, 70 5.30 371
Total 240 $1,328
1/31/20 inventory 110 $4.00 $440 ($4.00 * 110)
b) The LIFO method assumes that goods that are sold first are the last that were purchased. Therefore, the cost of the ending inventory is usually based on the cost of the earlier inventory purchased. In our case, the cost per unit was based on the beginning inventory balance.
